Health Savings Account

The Health Savings Account (HSA) is an individually owned account that lets you set aside money on a pre-tax basis (which lowers your taxable income) to pay for qualified medical, dental and vision expenses.

You can use the funds in an HSA at any time to pay for qualified medical expenses, or you can save the money for future expenses. You own the account and the money is yours to use now or save and grow. The money rolls over from year to year and you never lose or forfeit the balance.

You may open and contribute to an HSA only if you are enrolled in a qualified High Deductible Health Plan (HDHP) and meet other qualifications.

EURONET’S CONTRIBUTIONS
The IRS maximum contribution includes contributions from all sources, including Euronet’s contribution into your HSA.

Please note: Euronet’s seed money will reduce your annual allowable, so please take this into consideration as you calculate your enrollment contribution.

If you enroll in the QHDHP and elect to participate in the HSA, Euronet will match your contribution up to the following amounts*:
• Employee Only: $300
• Family: $600

* If you choose to elect the QHDHP plan during the year, the Euronet contributions will be prorated.

Note: WEX may charge additional fees for services offered to maintain your Health Savings Account, so please review all communication provided to you through WEX.